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GAMBLING NEWS : The Latest Online Gambling Industry News Provided By InfoPowa News
Welcome to Bet Sage's Online Gambling News Section, featuring the latest breaking gambling industry news courtesy of InfoPowa News. This is your one stop source for all and any of the latest developments concerning all aspects of the Online Gambling Industry. InfoPowa News headed up by senior partner Brian Cullingworth are recognised as one of the leading and most respected independent gambling news services in the online gambling industry.
 
14 SEPTEMBER 2007 : HEADLINES Add to My Yahoo! Add BetSage Gambling News Headlines to My MSN Add to Google BetSage Gambling News - RSS Feed BetSage Gambling News - News Now  
 

Proposal to regulate online gambling in the US needs far more support
Disappointing news for the online gambling industry came in an exclusive e-Review Journal interview with Congressman Barney Frank, the main mover behind the Internet Gambling Regulation and Enforcement Act, this week.

Frank told e-Review Journal writer Tony Batt that he acknowledged his bill to overturn an Internet gambling ban on financial transactions has stalled, although pressure from foreign countries could revive the legislation.  more...
   

Virginia Democrat agrees to co-sponsor HR 2046
Political support continues to grow slowly for HR 2046 the Internet Gambling Regulation and Enforcement Act proposed by senior Democrat Congressman Barney Frank.

The latest politician to give his support to the Frank bill, which seeks to legalise and regulate online gambling in the United States, is Virginia Democrat Robert C. Scott who signed up last Friday.  more...
   

Talks commence in Brussels on a more liberal approach to online gambling
Providing a list of demands can be met, there may be some light at the end of the French online gambling tunnel as French representatives meet with European Union officials this week in Brussels for talks on the exclusive nature of French policies.

But any rapprochement is likely to involve only online sports betting, according to eGaming Review.  more...
   
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Dublin-based games developer launches latest addition to its gambling inventory
CryptoLogic Limited, a Dublin-based software developer to the global Internet gaming market, has announced that it has gained the exclusive rights to develop the first-ever Internet casino games based on the popular Marvel Super Heroes, Spider-Man and The Fantastic Four.

Under the agreement, made through CryptoLogic's wholly-owned subsidiary, WagerLogic Ltd., CryptoLogic will remain the sole developer of Internet casino games based on the Marvel characters through 2010. The games based on these characters are scheduled to launch in December 2007.  more...
   

Legal team refutes claims that it has no legal standing and has not been prosecuted
The legal 'tennis match' between the Interactive Media Entertainment & Gaming Association [iMEGA] and US Justice authorities continues this week (see previous InfoPowa reports) with news that iMEGA has responded to the US attempt to have its case dismissed with a strong legal argument refuting government claims that it has no standing and has not seen members prosecuted.  more...
   

Thomas Bihl's bracelet is the first won outside the USA
The first round in the new battle for global poker bragging rights goes to Europe, thanks to Thomas �Buzzer� Bihl (32) who made poker history over the weekend at the inaugural World Series of Poker Europe presented by Betfair.com.

Bihl, a native of Frankfurt, Germany, who started playing poker just four years ago, won GBP 70 875 and the first-ever WSOP bracelet awarded outside the United States. Bihl � who is a Betfair sponsored professional player � outlasted a field of the world�s top poker pros in one of the most challenging of all poker games, the GBP 2 500 H.O.R.S.E. championship that kicked off the inaugural WSOP Europe in London.  more...
   
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Dario Alioto wins European record GBP 234 390 prize
European players continued their dominance at the first annual World Series of Poker Europe presented by Betfair.com, as 23-year-old Dario Alioto of Palermo, Italy, won the Pot-Limit Omaha Championship title, GBP 234 390 in cash and the second WSOP gold bracelet ever awarded outside the United States.  more...
   

Top poker pros vie for GBP 3.5 million prize pool
More than 350 of the world�s best poker players anted up GBP 10 000 apiece for the Main Event of the first annual World Series of Poker Europe presented by Betfair.com.

The names of the entrants for the two starting days in the WSOP Europe No-Limit Hold�Em Championship � spread out over three London Clubs International casinos in the heart of London � reads like a �Who�s Who� of poker aristocracy:  more...
   

Betfair guarantees GBP 1 million top prize
Betfair.com, the presenting sponsor of the inaugural World Series of Poker Europe, added GBP 57 000 to the GBP 3 626 000 Main Event prize pool this week to ensure a GBP 1 million first-place payday.

�Top prize in our European Main Event is now a cool GBP 1 million� said WSOP Commissioner Jeffrey Pollack. �We have Betfair to thank for that.�  more...
   
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Brand licensing agreement with Kahnawake-based Morris Mohawk Gaming Group
Taking most industry observers by surprise as the week ended was a Bodog press release advising that a brand licensing agreement, including the use of all Bodog domains and the Bodog trademark, had been signed with Morris Mohawk Gaming Group in respect of operations and marketing of gaming in North America.  more...
   

Extraordinary comments on Bodog founder's blog
The patent dispute against the Bodog online gambling group launched by Palo Alto-based 1st Technologies and Dr Scott Lewis (see previous InfoPowa reports) took an extraordinary turn over the weekend with some risky comments on the personal blog of Calvin Ayre - Bodog's founder and chief exec.

The comments had been preceded Friday by a press release from Bodog that had industry observers scratching their heads - the content advised that all Bodog brands for use in North America had been licensed to a company called Morris Mohawk in the Kahnawake First Nation enclave in Quebec, Canada.  more...
   

Patent fight with 1st Technologies takes a new turn
Online gambling information portal Gambling911, which has traditionally adopted a strongly supportive stand on Calvin Ayre and his Bodog group, has published an article built on Ayre's blog and the comments of an unidentified Bodog exec which may throw light on the group's strategy on the 1st Technologies patent dispute (see previous InfoPowa reports)  more...
   
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Bravado and banjo music aside, Bodog boss posts interesting opinions on 1st Technologies action.
Bodog founder and CEO Calvin Ayre continued his blog assault on the 1st Technologies patent claims (see previous InfoPowa reports) midweek with some frank comments that will do little to create a climate for negotiation - if that is in fact desired at all.

In his latest blog posts, Ayre seems to be thumbing his nose at the 1st Technologies case, claiming that whilst it is [expletive] insane it is also a topic of some amusement and will be treated accordingly. Ayre writes: "�it is extremely important to see the obvious humor in this patent suit. That's why I've used my blog to express my opinions on the matter."  more...
   

Firm celebrates new license and PCI compliance
The UK online gambling management company Inside Gaming has been authorised by the Lotteries and Gaming Authority of Malta to offer remote gaming services, IG director Richard Hogg announced this week.

The company has double cause to celebrate, having also been audited to ensure PCI (Payment Card Industry) compliance.  more...
   

Two very opposed views
The US publication Business Week carried an interesting debate on Internet gambling this week, pitching the views of gambling attorney Martin Owens against those of an anti-gambling legalisation supporter, Guy C. Clark.

Addressing the question "The U.S. should heed the wrath of the World Trade Organization by making betting games legal on the Web. Pro or con?" Owens opened the debate with a succinct factual summary of the events leading up to the US position vis-a-vis the World Trade Organisation, pointing out that international compensation claims amounting to billions were the consequence, and opining that US moves to resolve the issue were blatantly unfair.  more...
   
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Amusement and gambling machine supplier may be acquired by Icelandic financial house
Ending the week on a high note, Inspired Gaming plc has advised the London regulatory officials that it has received an offer from a financial institution worth 385 p per ordinary share - around GBP 270 million.

The company advised that it was making the notification following media speculation and that it has entered into discussions with the would be buyer, which has commenced a due diligence process. "There can be no guarantee that this approach will result in an offer being made for the Company," the notification cautions.  more...
   

2+2 member to join PPA board
The new operational head for the national lobbying organisation the Poker Player�s Alliance, John Pappas has wasted little time in building support for the group, pragmatically restoring bridges with the top online poker portal 2+2 with an initiative aimed at healing past differences and building strength.  more...
   

Iceland, Romania, Canada and the U.S.A. to duke it out for top honours and cash
The Poker Stars sponsored World Cup of Poker IV is nearing the grand finale in Barcelona, Spain this weekend with Iceland, Romania, Canada and the U.S.A. remaining in contention and featuring many top world players.

The preliminary team scoring round of PokerStars WCP IV was completed just before the weekend, with the following results:  more...
   
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Captained by Greg Raymer, the Americans truimph
The Poker Stars.com World Cup of Poker IV championship in Barcelona has been decided, with the United States emerging as the top team and taking the main prize of $100 000.

Greg Raymer captained the victorious Americans in a final involving teams from the United States, Canada, Romania and Iceland (see previous InfoPowa reports).  more...
   

Satellite communications venture will boost capability
Russian investors are reported to be interested in funding the launch of a new communications satellite that could offer internationally unrestricted Internet communication to the quaint, privately owned man-made island "Sealand" and the Sealand Casino.com operated by the owner, Paddy Roy Bates.

Sealand (see previous InfoPowa reports) is an old WW2 steel and concrete military fortress in the North Sea off the coast of Great Britain.  more...
   

Gaming Board now demands information from Redbet
The Lotteriinspektionen, Sweden's Gaming Board appears to be continuing its aggressive initiative against online gambling companies, presumably in a bid to protect the country's monopolistic bans on all but government owned gambling operations that have placed it squarely in the sights of the European Commission.  more...
   
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A million in prizes in the months ahead
In the biggest tournament series since the re-launch of their video-rich poker room, casino and sportsbook, Players Only.com has launched its first Million Dollar Free Roll Tournament Series.

A total of $1 000 000 will be awarded over the next ten months, with winners of monthly finals taking away $75 000 each. Players can win their way to the monthly finals at freerolls held twice a day, at one of three cash satellites with buy-ins as low as $2 or by direct buy-in ($50).  more...
   

Accused took a cut from online gambling profits, say police
A Kyoto, Japan employee of an Internet casino group has been arrested for taking a cut from profits earned by his employer from customers who gambled on the casino site from the cafe, police claim.

Yoshiaki Takahashi (43) a resident of Hanamigawa-ku, Chiba, is accused of accepting money gained from crimes, according to a Mainichi news report.  more...
   

Big stakes in the Million Dollar Cash Game
The recent Emblaze Productions and Full Tilt Poker announcement of a three year deal to produce seasons two-four of the popular European television series Million Dollar Cash Game (see previous InfoPowa report) has been followed by sustained activity as arrangments take shape.

The show pits several of the world's top poker pros against each other in a no-holds-barred high stakes cash game, with a minimum buy-in of $100 000 and no maximum.  more...
   
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Disappointing downgrade
InfoPowa reluctantly joins several top online gambling portalmasters this week in warning about slow pays and possible business problems at the Australian-owned Hippo Jo Casino (see previous InfoPowa reports)

Only months ago, this new RTG-powered casino debuted to optimistic introductory reports, mainly due to the credentials of some respected and highly experienced Aussie online gambling industry personalities who claimed to be managing the operation. With an undertaking to accept any dispute resolutions through Casinomeister, it appeared to be a safe bet.  more...
   

The Virtual online casino group shoots itself in the foot again
When it comes to reputation, few online casino groups are regarded by the player community in as bad a light as the RTG-powered and Costa Rican based Virtual group. Despite constant player complaints and reports of questionable behaviour, this group continues to apparently flourish, suggesting that many players do not research before handing their cash over.  more...
   

Speculation that pre-UIGEA penalties may be demanded
The subject of talks between the US Department of Justice and major online gambling firms like 888.com and Party Gaming on pre-Unlawful Internet Gambling Enforcement Act activities resurfaced over the weekend in a speculative article by the The Independent newspaper in the UK.

Timed just before the release of 888.com's interim results tomorrow (Monday) the article opines that the company will face a barrage of questions on speculation that the US authorities are planning to claw back up to $120 million (GBP60 million) from the firm.  more...
   
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300 percent upswing in H1 earnings reported
Latest results from the Gibraltar-based online gambling group 888 Holdings plc once again show the resilience of major companies in the industry, expanding operations in new markets and recovering well from the impact of the US market closure last year.

The company has reported growth of nearly 300 percent in earnings from continued operations as it successfully refocused the business following the Amercian debacle triggered by the Unlawful Internet Gambling Enforcement Act last October.  more...
   

Reported Euro 94 000 judgement against Raymond Farrell to be challenged
Sporting Exchange, the holding company for online gambling group Betfair.com has successfully sued the group's former head of Irish operations, Raymond Farrell reports the The Sunday Business Post.

On August 28 the High Court in London awarded a Euro 94 000 judgement to the Betfair parent company in its issue with Farrell, although it is understood he is to challenge the finding. Farrell headed Betfair�s Irish operations between 2002 and 2004.  more...
   

Guangdong Poly Blue a fast entry into China's lottery market?
The always enterprising Chinese-facing gaming technology and e-commerce group PacificNet has reported another acquisition. The company's Chinese subsidiaries, PacificNet Technology (Shenzhen) Limited and PacificNet Games Limited, have entered into an agreement to acquire 51 percent equity interest in Guangdong Poly Blue Express Communications Co., Ltd.  more...
   
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32 charged in ongoing investigations
Chinese authorities have again demonstrated government antipathy to online gambling, announcing the arrest of 32 people in northeast China's Liaoning province, charged with involvement in illegal online gambling involving a total of 5.8 billion yuan (about US$ 773 million).

Another 10 people, including the principal offenders Yang Xu and Wang Jun, are still under further investigation and will be formally charged at a later date, a local government statement reported by Xinghua said.  more...
   

River City Group and ATE combine
Clarion Events, which acquired both River City group and ATE in 2006 has merged the two firms into a single corporate named Clarion Gaming effective September 10.

ATE produces the major London exhibitions ICE and ICEi, along with The Betting Show and other conference events. In July 2006,
ATE was joined by a sister company, US-based River City Group. Together the companies produce the European I-Gaming Congress and Expo (EiG) and BetMarkets.  more...
   

Taiwan sports betting to reach $910 million per year
Taiwan's Taipei Fubon Bank has won the bid to become the first-ever issuer of sports lottery tickets when the Asian island launches sports gambling next year, officials have revealed.

"Taipei Fubon Bank has been rated as the top among the three candidates," a Finance Ministry spokesman said.
 more...
   
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Probability Gaming lands games provider deal
Rank Group plc, which owns respected online gambling firms used by hundreds of thousands of players like Blue Square and Grosvenor, has signed a deal with Probability Games plc for the provision mobile casino games over the next three years, commencing later this year.

It is understood that the customer branded products will be casino faves such as blackjack and roulette.  more...
   

State gaming officials triggered the issue, but now claim they have insufficient time to respond to Betcha's case
Interactive Gaming News.com reports this week on the latest developments in the Betcha.com vs. Washington State Gambling Commission issue (see previous InfoPowa bulletins)

Facing a request from Betcha.com owner Nick Jenkins for a summary judgement at a hearing scheduled for September 21 this year, on August 28 the Commission apparently sought to strike the motion in favour of a status conference aimed at setting a case schedule.  more...
   

Mobile contract signed with 3Line
Microgaming's mobile gambling associate, Spin3.com has signed a deal with the eastern European mobile content provider 3Line.si that will allow 3Line to offer their customers SpinFone, a quality suite of play-for-fun mobile casino-style games.

Using the SpinFone system, 3Line will boost its provision of mobile entertainment content which includes games, wallpaper, screen savers and music. By offering its customers firstly in Croatia and Slovenia and moving on to Bosnia and Serbia a branded interactive gaming experience by pay per download or via a weekly subscription package, 3Line's players will be able to play within a community of fellow gamers whilst they compete for unique prizes.  more...
   
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Extreme's Poker's latest thriller will have players on a high, but courting a big drop
North Head, Manly close to Australian capital city Sydney is the venue for the latest Extreme Poker challenge, where players learn the tough way to keep calm and collected under extreme duress.

The current challenge will see the players engaged in a top level Texas Hold 'Em game against skilled opponents - all of them sitting around a table on a transparent wire mesh platform suspended 90 metres over a precipitous cliff-face!  more...
   

Reel Deal Casino Gold Rush and Reel Deal Slots Ghost Town are on the way
From Cedar Falls, Iowa, the online gambling games developer Phantom EFX announces the availability of two new releases arriving this fall - Reel Deal Casino Gold Rush and Reel Deal Slots Ghost Town.

Offering the first sports book that is a live-feed from the Vegas casinos, Gold Rush provides unmatched realism while Ghost Town offers nearly 30 new slots.  more...
   

National Gambling Amendment Bill approved by Parliament
After years of research and weeks of intensive special hearings (see previous InfoPowa reports) the regulation of online gambling in South Africa moved forward this week, achieving parliamentary approval.

The National Gambling Amendment Bill introduced by the Department of Trade and Industry (DTI), legalises Internet gambling by creating legislation for the licensing of interactive gambling operators.  more...
   
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Gus Hansen signs with Gameloft
Video and mobile phone game specialist publisher Gameloft and poker ace Gus Hansen have been working together in developing Million Dollar Poker, a game designed to be the most accessible and advanced poker game to date, featuring skill, strategy and expertise. The product launch is targeted on October 29 this year.  more...
   

Online gambling haven hikes taxation
Online gambling company managements in Costa Rica will be doing their viability sums if a new tax proposal is passed into law.

According to the English-language newspaper AM Costa Rica, the Partido Accin Ciudadana has introduced a bill to tax sportsbooks and other electronic betting operations, imposing a heavier tax burden than a previously stalled proposal.  more...
   
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